The US added just 210,000 jobs last month,  less than half the increase analysts were expecting, raising questions about the health of the economic recovery. Photograph: Frederic J Brown/AFP

US jobs growth slowed sharply last month, raising questions about whether the Federal Reserve will pursue a more aggressive approach to scaling back i(...)

US Federal Reserve chairwoman Janet Yellen on Wednesday, when the central bank announced it will hold rates.  Photographer: Pete Marovich/Bloomberg

A heavily divided Federal Reserve left short-term interest rates unchanged on Wednesday but said the case for a rate increase “has strengthened”, in a(...)

Federal Reserve Bank of Cleveland president  Loretta Mester at the Kansas City Fed’s symposium at Jackson Hole, Wyoming. Photograph: David Paul Morris/Bloomberg

One of the United States Federal Reserve’s rate-setters has described the case for a further increase in short-term interest rates as “compelling”, ar(...)

Recent comments from some Federal Reserve officials have signalled they were in favour of a rate increase in the coming months

The Federal Reserve should raise interest rates gradually despite weak jobs data, Cleveland Fed president Loretta Mester said over the weekend after t(...)

A tram is seen in downtown Lisbon. Loomis Sayles, which  sold at least part of its Irish bond holdings last year, now likes Portuguese dollar bonds. Photograph: Rafael Marchante/Reuters

Loomis Sayles, the investor that bought Ireland’s government debt before the nation’s 2011 bailout triggered a historic rally, now likes Portugal’s do(...)